Thanks for the great info Ali! Was very nice to see how you flipped the EOD losing strategies to get a positive ones - very nice!

@StatOasis

Жыл бұрын

Glad you enjoyed it!

Great! Keep ‘em coming

@StatOasis

Жыл бұрын

Thanks! Will do!

Great as usual!

@StatOasis

Жыл бұрын

Glad you think so!

This is really insightful. Love the mindset and the depth of testing, quick question tho: what do you mean by reversing the strategy to convert drawdowns into profit? Go against the MACD signal? I got quite lost in that part. Again I appreciate your efforts in StatOasis.

@StatOasis

11 ай бұрын

if you take the signal and the average trade is -$100 then if you reverse it and go short instead of long then your average trade is +$100

@TheSexIcon

11 ай бұрын

@@StatOasis Thank you, Ali. I understood that. What I meant is if this is systematic trading, what criteria should I use to reverse the loosing trades, and go short when they were supposed to be bullish crossovers (in a long only approach)? Cross examination with another indicator maybe? Or how the computer will distinguish between trades to reverse the signal and turn loss into profit?

@StatOasis

11 ай бұрын

you need to build a new system with reverse rules. this system will be short, or you can combine with the long system to go long and short

Sir,Do you recommend pairs trading using forex( say EUR/JPY & GBP/JPY OR AUD/USD & NZD/USD)--correlations are 90% and that gives solid staying power & sharply cuts down draw downs. Buy underpriced pair & sell overpriced pair(say using 14 period RSI on 4H charts)? And there are lots of such pairs with 90%/80% correlations--and ALSO that would sharply cut down accounts blow ups even for A new trader.

@StatOasis

Жыл бұрын

Test, test, test

Good strategy testing, what emas were used and what chart time frame.

@StatOasis

Жыл бұрын

daily time frame. 4 different speeds, listed in the excel database

@leealexander2360

Жыл бұрын

@@StatOasis thanks, and what moving averages you used.

@StatOasis

Жыл бұрын

like I mentioned 4 speeds, each speed has three EMAs, please take a screen shot from excel sheet end of video to see the speeds as I don't remember the ones I picked to match the number of trades with other indicators

I am trying something similar, but in a stop-and-reverse fashion since I am mostly interested in good exits. So far I have found very good matches for most FX pairs!

@StatOasis

Жыл бұрын

did you try futures?

@OneCreator87

Жыл бұрын

@@StatOasis Woops. I was editing a comment but it got deleted (it had a link to an indicator). I was saying that I am only experienced in FX, but i assume that the top indicators that work there should have potential in other markets as well.

@OneCreator87

Жыл бұрын

@@StatOasis If you have an indicator that produces good results in a stop-and-reverse fashion, you only need to add a simple fixed take-profit target to reduce drawdown! These simple systems are robust and will work out-of-sample most of the time (in my experience). Also, MACD variants produce better results than RSI in my tests as well! :) (try the KAMA and FRAMA for averaging). That's what I've learned so far. Thanks for the videos!

@StatOasis

Жыл бұрын

more indicators are coming to Algo vs Crap series

@StatOasis

Жыл бұрын

google delete comments on autopilot, so usually links are considered spam

when you say speed, you mean parameters...

@StatOasis

Жыл бұрын

yes, when you change parameters you can control the speed at which the strategy can trade per year (number of trades), so to compare all indicators we need to bring them to same speed

I´m not smart enough to understand this video... :( I got lost in the Number of strategies.. and didn´t understand if it works or not.

@StatOasis

Жыл бұрын

Skip to near end for takeaways. All indicators will work slightly better or worse than their counterparts, but more importantly is how they perform on certain markets. Once you know you can take that as your starting strategy on those markets

@md-oe4wg

Жыл бұрын

Another great video Ali It looks like Short term use of MACD indicator by retail traders will be faded by the pros to take their money away and your analysis proves it. Just curious if you were to do the opposite of going long instead go short for the cross over strategy would it be very profitable?

@StatOasis

Жыл бұрын

Only testing will reveal the results Usually the longer the time frame the better your odds as volume is a lot higher and price can’t be manipulated as easy as in short time frame